£24,000 after tax
A salary of £24,000 leaves you £20,799.60 a year after tax: £1,733.30 a month, in England, Wales and Northern Ireland for 2026/27. That is £2,286.00 income tax and £914.40 National Insurance, so you keep 86.7% of what you earn. The figure is before any student loan repayment or pension contribution.
- Annual
- £20,800
- Monthly
- £1,733.30
- Weekly
- £399.99
- Daily (5-day week)
- £80.00
Where the money goes
| Item | Annual | Monthly |
|---|---|---|
| Gross salary | £24,000.00 | £2,000.00 |
| Income tax | −£2,286.00 | −£190.50 |
| National Insurance | −£914.40 | −£76.20 |
| Take-home pay | £20,799.60 | £1,733.30 |
Income tax, band by band
| Basic rate (20%) | on £11,430.00 | £2,286.00 |
Personal allowance £12,570.00, so £11,430.00 is taxable.
Is £24,000 a good salary in the UK?
By HMRC's own income distribution (SPI 2023/24, the latest published), £24,000 puts you in roughly the top 66% of UK taxpayers, the median is £29,700, so this salary out-earns about 34% of everyone who pays income tax. As an hourly figure, £24,000 is £12.31 an hour at a 37.5-hour week, and £10.67 an hour after tax. Exact rank on the salary percentile calculator.
Which tax bands does £24,000 pass through?
- Tax free (personal allowance)
- £12,570
- Basic rate (taxed at 20%)
- £11,430 → £2,286 tax
Income tax £2,286, National Insurance £914, take-home £20,800, which is 86.7% of gross. The next pound is taxed at 28.0%.
Where £24,000 sits among UK taxpayers
What a £1,000 pay rise is worth
On £24,000, a £1,000 rise leaves you £720.00 better off after tax and National Insurance, you keep 72% of it. Your marginal rate is 28%.
£24,000 after tax with a student loan or pension
The headline figure assumes neither. These are the same salary with the most common additions, each computed on the 2026/27 rates:
| Scenario | Extra deduction | Take-home | Monthly |
|---|---|---|---|
| With a Plan 2 student loan | −£0.00 | £20,799.60 | £1,733.30 |
| With a Plan 5 student loan | −£0.00 | £20,799.60 | £1,733.30 |
| With a 5% salary-sacrifice pension | −£1,200.00 | £19,935.60 | £1,661.30 |
| Plan 2 loan and 5% pension together | −£1,200.00 | £19,935.60 | £1,661.30 |
Loan repayments apply only above each plan's threshold, so a £0 deduction means this salary is below it. Pension money is deferred pay, not lost: the 5% row's take-home excludes £1,200.00 going into the pension. Your own combination, with any plan and all three pension arrangements: run it on the calculator.
If you live in Scotland
Scotland sets its own income tax bands. On £24,000 a Scottish taxpayer takes home £20,839.27, which is £39.67 more than in England. National Insurance is the same everywhere because it was never devolved.
Add pension and student loan →
The calculator handles all five student loan plans and the three pension arrangements.
2026/27 HMRC rates, checked 2026-08-28 by Hadi. Assumes the standard 1257L tax code, no pension and no student loan.